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Should I Buy A House Vs Buying An Apartment Complex

 

If you’ve never owned any real estate and your in the market looking at homes and apartment buildings, you make want to consider who’s going to pay for that piece of real estate.  Let’s say you’ve found a house you like and an apartment building in the same area.  The mortgage on the new house is $1500.00 and the apartment building is $1500.00. 

 

One person decides to buy the new house for his family.  Now, he’s the only one responsible for that piece of real estate.  So, if he loses his income, he’s going to more likely lose the house and hurt his credit.  Now the other person decided to buy the 4 family complex.  His mortgage is also $1500.00, however he decides to rent out 3 of the units for $500.00 each, which covers his mortgage.  So whether he has a regular income or not his still keeps his piece of real estate. 

 

Also, the second person decided to add solar panels to the property and switch everything over to electric, and increase rents to $850.00 for each unit.  He decides to pay all utilities for those three tenants.  He gains an extra $1050.00 in rental income and he still does not have to pay any of his income into this piece of real estate.  He also gets to save up to buy the house the first person lost and the tenants from the apartment complex are paying for that house to. 

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Hello Community,

You hear this word used in many conversations. Speakers earn great income from addressing this issues. Many theories are submitted to addressing theory.  Ok here is my take on the powerful word fear!!!   I look forward to your assessment of what this word can or can not do!!

At your service,

Rickey

www.jusmcc.net

 

 

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Two words: OSCAR BOUND."From director Clint Eastwood, 'Invictus' tells the inspiring true story of how Nelson Mandela (Morgan Freeman) joined forces with the captain of South Africas rugby team, Francois Pienaar (Matt Damon), to help unite their country. Newly elected President Mandela knows his nation remains racially and economically divided in the wake of apartheid. Believing he can bring his people together through the universal language of sport, Mandela rallies South Africas underdog rugby team as they make an unlikely run to the 1995 World Cup Championship match."The poem 'INVICTUS' by William Ernest Henley, from which Nelson Mandela drew strength while in prison."Out of the night that covers me,Black as the Pit from pole to pole,I thank whatever gods may beFor my unconquerable soul.In the fell clutch of circumstanceI have not winced nor cried aloud.Under the bludgeonings of chanceMy head is bloody, but unbowed.Beyond this place of wrath and tearsLooms but the Horror of the shade,And yet the menace of the yearsFinds, and shall find, me unafraid.It matters not how strait the gate,How charged with punishments the scroll.I am the master of my fate:I am the captain of my soul."
Nelson Mandela Inspires and Creates History
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How Do You Define Success?

Perhaps you didn’t win the Presidential Medal of Freedom or help to win the USA vs. Mexico soccer match but one thing is for sure, your success, however large or small is just as important. You wake up, turn on your computer and you received a $100 affiliate commission or just brought in another distributor for your company. Such successes are important because, most often, these successes are a culmination of very, very hard work. But how do you measure success? How do you define personal success?The media has a way of making us feel that ordinary people have instant success in life and that every day citizens do not work long and hard. Most business owners or successful people spend countless hours marketing, talking with customers, vendors and employees just to break even their first couple of years.Network marketing gurus and affiliate commandos take a concept and implement massive action to find peak business models for their products. Numerous hours are spent on self-development, marketing techniques, communications and sales which leave little time for family or social events.Are you committed to taking the time needed so you may have a certain amount of success in life? How do you define success and what sacrifices are you willing to make?There are mothers and fathers out there struggling to raise decent children while making a living at the same time. When the children become responsible adult citizens of the world, that success, for the parents, lasts a lifetime.When a young mother, like Janie Jones of Ameriplan USA decided she wanted a different life for her family, her success was and is defined by giving her children a residual income legacy that will last for generations. Her success is not measured by the 6 figure income, it is measured in the lifestyle she is giving her kids – which is priceless.Look through your day and make a note of what you have added to the people around you. Is your wife happy you brought her flowers? Are the kids squealing with excitement when you decide to play a board game with them for an hour you don’t have? Did you just win a business contract that will help your family become financially stable? These are all successful moments in life that have great meaning as well.For most people, success is measured by what really matters in this journey we call life. Family, friends, fulfilling work, financial stability, peace and contentment are generally the foundations of success. When you look at each of these components, you find the essence of a successful life.If you are not quite sure what success means to you, stop and think about where you would like to be in 20 years. What would you like to accomplish? Where would you like to live and be doing? By answering these questions, you will have a clue to what matters to your overall well being.At the end of the day, you have to live inside your own skin. You have to be accountable to yourself and that is why defining personal success is crucial to your overall happiness. Now, sit back with a cup of java and think – how do you define personal success?
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